Buy on completion of bat pattern D leg at 140.76. First target 0.618 AD retracement at 145.08. A break of A (or D of the triangle), would give a target further target from the triangle pattern of 157.62.

USDJPY reacted to a Daily Demand zone (purple) and had a clean trendline break on the 4HR. Completed its exit cycle and looks to make it back to newly created demand zone (green). Will enter longs once hit and target untouched Supply up in the pink zone.

EURUSD has finally broken a major trendline. I had not taken an immediate short, as I wanted the demand zone (upper green rectangle) to hit. Due to the law of absorption, the level should have triggered some orders and should be standing a bit weaker as a level now. If the price can return to the initial point or rejection (red zone, otherwise known as supply) I ...